ForexYard Reviews

ForexYard Review

by No1Reviews.com.

Editor's Star Ratings:

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Editor's Review:

ForexYard is an online trading service offering you access to an impressive number of key markets. Trade currencies and commodities, with CFD and indices available. A free demo account allows you to try your hand at trading without financial risk, utilising MetaTrader 4 and Sirix WebTrader platforms. As with any service in this category, it’s important to remember that you can lose money when trading online.

An online trading service offering you access to an impressive number of key markets.

For a relatively unassuming website, Forex Yard allows you to trade on an impressive number of markets. Assets include stocks and bonds, Forex, Indices and commodities, providing an opportunity to build a varied portfolio. Spreads are also tight, and there’s no commission on trades, meaning you can make plenty of quick decisions without worrying too much about fees.

The MetaTrader 4 platform is well known and widely used among online traders, making it a reliable option. The site also offers Sirix Webtrader, which is less common but has some interesting, user-friendly options. It’s a flexible system which works on multiple devices, allowing you to access your account online through the use of HTML secure technologies. There’s no download needed, and touch screen options are available, so it’s easy to keep trading when on the move or at home.

Keep up to date with mobile trading using Sirix WebTrader.

Forex

Trade more than 45 international currency pairs, with leverage of up to 1:200. Tight spreads and no commission mean you keep more of your profit. You can trade 24 hours a day, 5 days a week, with quick access to the markets and mobile options to trade on the go.

Indices

Invest in top performing companies across the globe. You can trade on the average movements of exchanges, with 26 international economic regions covered. Leverage is variable (from 1:20 up to 1:100) with no commission on trades.

Commodities

Produce diverse portfolios by investing in a range of top commodities around the world. The margin requirements are low and you can build your own strategies or borrow strategies from other traders, with potentially lucrative premiums. Commodities include oil, wheat and coffee.

CFD

Stocks, bonds, commodities and more can be trading through Contract for Difference options. Services include low spreads, variable leverage and minimal investment. There are more than 180 companies to choose from, with leverage from 1:5 to 1:20, plus a variety of products and items to help keep things exciting.

Summary

Whilst a little lacking in extra features and information, ForexYard.com provides access to multiple key markets. Spreads are low, leverage can be variable, and there are no commission fees on trades. They also offer two platforms, which is useful for anyone who isn’t keen on the usual suspects. If you want to build a varied trade folio without paying fees for trades, it’s worth considering Forex Yard.